Explore New Horizons With Coast

Operating Lease:
Financial Flexibility
for Your Business Needs

Operating Lease2024-09-11T07:57:20+00:00

Unlock the Benefits
of Operating Lease
with Coast

Our operating lease solutions are designed to provide your business with the flexibility and financial efficiency it needs to thrive. An operating lease allows you to use high-value assets without the burden of ownership, freeing up capital to invest in other parts of the business and enabling you to stay agile in a dynamic market. Our seamless application process, competitive rates, and personalised service ensure your business can grow and thrive with confidence.

Ready to take the next step?
Get your free no-obligation quote today!

What is the Coast difference when it comes to Operating Lease?

Extensive asset knowledge

Unlike a number of financial companies, where we are part of Dawsongroup plc, our team have in-depth knowledge of a wide range of commercial assets. This knowledge of the assets and their use cases allows us to propose the best possible solution for every business.

Multiple trusted lenders

We know that no two businesses are the same and may require different approaches to asset finance. This is why we have developed robust relationships with a variety of trusted lenders, to ensure we are best positioned to support all of our customers requirements, regardless of how unique they are.

Personalised service

From the moment you engage with Coast, you will be supported by one of our experts every step of the way. We take the time to understand your unique asset requirements to ensure we can offer the best possible finance solutions in the quickest, most efficient way possible.

Time not on your side?

No need to panic, use our finance calculator for an indication on what your monthly repayments could be for your business-critical assets.

Coast Finance Calculator

Please enable JavaScript in your browser to complete this form.
Enter your full name for future correspondence
We'll send a copy of the results to your email address
Months: 36

Breeze Through The Operating Lease Process

We know how important time is when running and operating a growing business. This is why we have made our hire purchase process both quick and easy to complete so that you can focus on what matters most – running your business.

Step 01

Tell our team what your business needs funding for.

Step 02

Our team searches the market to find the best possible quote to match your business’s needs.

Step 03

We manage a general credit review with the chosen partner to obtain a credit facility approval.

Step 04

Pending credit facility approval, we ensure all the necessary documents are provided & signed.

Step 05

You walk away with the asset needed to help your business grow!

Operating Lease FAQs

What is an operating lease?2024-08-16T13:08:33+00:00

An operating lease is an agreement where a business can use an asset for a specified period without owning it. The leasing company retains ownership and the asset is returned at the end of the lease term.

How does an operating lease differ from a finance lease?2024-08-16T13:09:01+00:00

In an operating lease, the lessee does not own the asset and returns it at the end of the lease term. In a finance lease, the lessee has the option to purchase the asset at the end of the lease term.

What types of assets can be financed through an operating lease?2024-08-16T13:09:11+00:00

Operating leases can be used to finance a wide range of assets, including vehicles, machinery, IT equipment, and office equipment.

What are the benefits of choosing an operating lease?2024-08-16T13:09:20+00:00

Contract hire can be used for various assets, including vehicles (cars, vans, trucks) and equipment (office machinery, specialised tools).

Can an operating lease help improve cash flow?2024-08-16T13:09:32+00:00

Yes, operating leases can improve cash flow by reducing upfront costs and spreading payments over the lease term, preserving capital for other business needs.

What happens at the end of an operating lease?2024-08-16T13:09:45+00:00

At the end of an operating lease, the asset is typically returned to the leasing company. Depending on the agreement, you may have the option to renew the lease or lease a new asset.

Can I customise the terms of an operating lease?2024-08-16T13:09:57+00:00

Yes, operating lease terms can often be customised to meet your business’s specific needs, including lease duration, payment schedule, and asset specifications.